Ryman Hospitality Properties last week announced plans for a large multi-use development near Nashville’s Gaylord Opryland Resort and Convention Center.
Ryman owns Gaylord Hotels, which are operated by Marriott, as well as the historic Ryman Auditorium downtown and the Grand Ole Opry. The company also created the TV show “Nashville.”
Ryman is partnering with Lincoln Property Company to develop 130 acres of commercial land across Briley Parkway from the resort at the intersection of McGavock Pike and Pennington Bend Road. The Donelson area development is set to include offices, residences and retail space.
“As the owners of one of the few remaining large tracts of developable commercial land in the Metro area, we see a tremendous opportunity to bring a high-caliber project to Donelson that will be complementary to our existing assets and the surrounding community,” said Ryman CEO Colin Reed in a news release. “We believe this development has the potential to attract a regional or corporate headquarters that will bring additional direct and indirect employment to Donelson. We are also particularly excited about the planned multifamily housing so that people who work in these offices and surrounding businesses have the opportunity to live nearby.”
Reed said the master plan “contemplates existing traffic flow and will not overwhelm the area during peak traffic times.”
The site was formerly considered for a Dollywood water and ski park.